Navig8 Product Tankers Inc executed two further shipbuilding contracts with Sungdong Shipbuilding & Marine Engineering Co for two additional LR2 newbuild vessels for 2015 delivery, and completion of the USD 30 million additional tranche of its August 2013 private placement to (part) finance these tw
Odfjell signed shipbuilding contracts with Nantong Sinopacific Offshore & Engineering Co., Ltd for construction of four LPG/Ethylene gas carriers of 17,000 cbm on September 29th, 2013. During the last years this shipyard has delivered several gas carriers, and is regarded to have one of the very few
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that the Bougainville, a new building MR2 product tanker of 50,626 dwt, was delivered today from a South Korean shipyard. The Bougainville has been chartered out to a high quality counterparty for four years
The U.S. Navy accepted delivery of the future USS Coronado (LCS 4) during a ceremony at the Austal USA shipyard on Sept. 27. Coronado is the fourth littoral combat ship (LCS) to deliver to the Navy, the second of the Independence variant – noted for its trimaran hull – to join the fleet. Capt. Randy
Nantong Mingde Heavy has delivered the first 31,200 DWT Equinox Class Gearless Bulk Carrier, named Algoma Equinox, to a leading Canadian shipping company Algoma Central Corporation. The Equinox Class, specially designed to optimize fuel efficiency and operating performance thus minimizing environmen
TTS Group ASA has, through its subsidiary TTS Marine AB in Gothenburg, signed a new contract in South Korea worth a total value of approx. 60 MNOK (USD 9.9 million). With this contract TTS has further reinforced its leading position within the merging Post Panamax PCTC market. TTS’ technological sol
Hyde Marine, Inc., a wholly owned subsidiary of Calgon Carbon Corporation, has established a partnership agreement with Cammell Laird, the largest shipyard in the United Kingdom, for installation of the chemical free Hyde GUARDIAN® (HG) Ballast Water Treatment (BWT) System. Cammell Laird had previou
Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for construction of a wide-area seabed research vessel from the Japan Agency for Marine-Earth Science and Technology (JAMSTEC), and an agreement has been signed. The vessel on order will efficiently advance wide-area research into seafloo
Alicat have launched their second next generation vessel following the launch of the 22m DNV Class Dalby Aire in the summer. This 19m vessel, named Solway Challenger, is powered by two MAN V12 engines and Rolls Royce water jets. Emphasis has again been made on greater foredeck working space and both
DNV and Hyundai Heavy Industries (HHI) have signed a contract for the classification of a semisubmersible according to DNV’s standard for Integrated Software Dependent Systems (ISDS). The vessel will be owned by the US company Diamond Offshore Drilling Ltd (DODL). This is the first project for an Am
SITC Shipowning Group Company Ltd., a wholly owned subsidiary of SITC International Holdings Co., Ltd. (SITC) and CSBC Corporation, Taiwan signed a new shipbuilding contract for four 1800 TEU container ship on September 29, 2013. Vice Chairman and CEO of SITC International, Mr.Yang Xianxiang and Cha
Nam Cheong Limited, Malaysia’s largest Offshore Support Vessel (OSV) builder, today announced that it has sold four Platform Supply Vessels (PSVs) worth a total of approximately $120 million. The customer is new to Nam Cheong and is an emerging offshore marine services company based in Latin America
Gaz Métro, through its subsidiary Gaz Métro LNG, L.P., and the Société des traversiers du Québec (STQ) announced that they have entered into an agreement in principle for the purchase of fuel to supply three new ferries with liquefied natural gas (LNG). Currently being designed in a Québec naval shi
The largest Canadian Flag Con/Ro ship set sail yesterday from Flensburg, Germany destined for St. John’s, Newfoundland and Labrador. Following a series of successful sea trials, Oceanex Inc. accepted delivery of the vessel on Friday as originally scheduled. The Oceanex Connaigra is expected to arriv
